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Hugs & More Ltd

09795267

liquidation
Private Limited Company
england wales
Companies House
Insolvency history
Health Score
N/A

Details

THE TOWN HALL BURNLEY ROAD, BURNLEY, BB12 8BS
Incorporated 25/09/2015

Compliance

Last accounts

31/03/2023

micro entity

Accounts

Up to date

Confirmation statement

Last: 24/09/2023

Due

On track

Industry

47910
Retail sale via mail order houses or via Internet

Officers

Mrs Bhavna Patel

director · Since 25/09/2015

DIRECTOR

BRITISH · UNITED KINGDOM · Age 54

Also on 3 other boards

Mr Pradip Patel

director · Since 25/09/2015

DIRECTOR

BRITISH · ENGLAND · Age 56

Also on 5 other boards

Persons with Significant Control

Mr Pradip Patel

25–50% shares

British · United Kingdom · Age 56

Unit22, Unit 22, Watford, WD18 9DA

Notified 06/04/2016

Mrs Bhavna Patel

25–50% shares

British · United Kingdom · Age 54

Unit 22, Orbital 25 Business Park, Dwight Road, Watford, WD18 9DA

Notified 06/04/2016

Insolvency History1 case

creditors voluntary liquidation01/02/2024

Natalie Hughes (practitioner)

CompanyRankvs 15+ SIC 47910 peers
18

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 0.32× · 2/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
Insolvency history -10
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How is this score calculated?
Financial strength0/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees0/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity2/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity11/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Insolvency history: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/03/2023

Net Worth

-£22k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

—

Working capital

Current Assets

£8k

Current Liabilities

£24k

0avg. employees

Balance Sheet

Total assets£8k

EstimatesDerived

YearCurrent Ratio
20230.32

Derived from filed accounts. Not audited figures.